| TVIX latest price $211.8000 (9.8%) ($210.2000 - $234.1000) on Mon. May. 6, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.26% (three month average) |
RSI | 54 |
Latest Price | $211.8000(9.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TVIX advances 1.4% a day on average for past five trading days. |
Weekly Trend | TVIX advances 1.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TVIX advance at 0% a week (0% probability) TLT(36%) UUP(34%) VXX(33%) VIXM(27%) IGOV(14%) |
Factors Impacting TVIX price | TVIX will decline at least -2.63% in a week (0% probabilities). XLY(-81%) VUG(-81%) QQQ(-81%) IWO(-81%) VT(-80%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.63% (StdDev 5.26%) |
Hourly BBV | 0 () |
Intraday Trend | -8.2% |
| |
|
|